Global Air Humidifier Market to Grow on the Back of Increasing Use of the Product to Treat Air Pollutants; Market to Grow with a CAGR of 6.2% During 2022-2026
Research Nester has released a report titled “Air Humidifier Market: Global Demand Analysis & Opportunity Outlook 2026” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market.
In the year 2019, according to the statistics by the World Health Organization (WHO), 99% of the population worldwide lived in places where the air quality guidelines levels set by the WHO were not met. Additionally, more than 90% of the population around the globe lived in areas where PM2.5 concentrations exceeded the 2005 annual WHO air quality guidelines (AQG) of 10 µg/m3 in the year 2019.
The statistics portray the growing concern for air pollution globally, and the rising concern for different types of diseases, such as, Chronic Obstructive Pulmonary Disease (COPD), dry cough, and irritated vocal cord among others, caused due to air pollution. Air humidifiers are widely used to treat air pollutants, such as dust mites and molds, and hence, with the growing awareness for the different types of health diseases caused by air pollution, the demand for air humidifiers is also anticipated to increase. Such a factor is projected to drive the growth of the global air humidifier market.
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The global air humidifier market is anticipated to grow with a CAGR of 6.2% during the forecast period, i.e., 2022-2026. The market is estimated to garner a revenue of USD 1253.1 Million by the end of 2026. Moreover, in the year 2021, the market registered a revenue of USD 934.1 Million. The market is segmented by product type into warm-mist humidifiers, ultrasonic humidifiers, cool-mist humidifiers, bypass, fan-powered, and steam. The cool-mist humidifiers segment, amongst all the other segments, is anticipated to garner the largest revenue of USD 462.0 Million by the end of 2026. Additionally, the segment registered a revenue of USD 348.2 Million in the year 2021.
By region, the global air humidifier market is segmented into four major regions including Europe, Asia Pacific, Central & South America, and Middle East region, out of which, the market in Europe is anticipated to garner the largest revenue of USD 660.6 Million by the end of 2026. Additionally, the market in the region registered a revenue of USD 498.1 Million in the year 2021.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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However, the high operational cost of the product, and the concern for the humming sound of the device are predicted to hinder the market growth in the coming years.
This report also provides the existing competitive scenario of some of the key players of the global air humidifier market, which includes company profiling of Honeywell International Inc., Newell Brands Inc., BONECO AG, Dyson Group, Mitsubishi Heavy Industries, Ltd., Condair Group, CAREL INDUSTRIES S.p.A., Koninklijke Philips N.V., Armstrong International Inc., Guardian Technologies, Aprilaire, and others.
The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Air Humidifier Market: Global Demand Analysis & Opportunity Outlook 2026”, analyses the overall global air humidifier industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global air humidifier market in the near future.
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